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Meco Ultimate Channel

5

This indicator belongs to the family of channel indicators. These channel indicator was created based on the principle that the market will always trade in a swinging like pattern. The swinging like pattern is caused by the existence of both the bulls and bears in a market. This causes a market to trade in a dynamic channel. it is designed to help the buyer to identify the levels at which the bulls are buying and the bear are selling. The bulls are buying when the Market is cheap and the bears are selling when the Market is expensive.


It is designed to help the trader practice a principles of "Buy THE LOW, SELL THE HIGH". This indicator can be used to trade Ranging markets and Trending Markets.in Ranging markets, Reversal strategies can be used along with this indicator and in Trending Markets , Trend trading Strategies can be used along side with this indicator.


In Trend Reversing strategies , it can be used with Oscillators like RSI, STOCHASTIC, MACD, ATR, VOLUMES, Divergence indicators , harmonic Patterns, ICT and smart Money strategies. for Trend Followings  strategies the channel can be used with indicators like Pullback indicators , Oscillator Convergences , Continuation Patterns like Triangle , Flags, Market imbalances etc
in trend reversing the orders are executed when the prices reaches the upper and lower bands of the channel as shown on the screenshots. In trade following the orders are executed when reaching the mid line of the channel which is dotted line in the default setting as shown on the screenshots. The indicator can be used in any time-frame from scalping , swing trading and investing. it can be used in all market from Forex, stock and Synthetics.  

The channel can be modified to suit the market you are trading, by changing the  bands of the channel or the averaging method of the channel.Also the colour of the bands can be changed to suit the background of your choice.  by default the indicator comes with 3  upper bands and 3 lower bands , hence you can add it twice in a chart to have 6 upper bands and 6 lower bands. the bands can be stepped by 5, 6,7,8,9,10. You will also need to zoom in your charts to see all the channel bands.  

리뷰 1
zbairen985
440
zbairen985 2023.02.25 12:59 
 

This software product is great. But there is a question to ask the author:in my chart, only three lines are shown above and only three lines are shown below. How can we achieve the six lines above and six lines below? Please give me a solution! Thanks a lot!

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VTrende Pro - MTF indicator for trend trading with a display panel for MT5 *** Videos can be translated into any language using subtitles (video language - Russian) Although the signals of the VTrende Pro indicator can be used as signals of a full-fledged trading system, it is recommended to use them in conjunction with the Bill Williams TS. VTrende Pro is an extended version of the VTrende indicator. Difference between Pro version and VTrende: - Time zones - Signal V - signal 1-2 waves
PZ Swing Trading MT5
PZ TRADING SLU
5 (4)
Swing Trading is the first indicator designed to detect swings in the direction of the trend and possible reversal swings. It uses the baseline swing trading approach, widely described in trading literature. The indicator studies several price and time vectors to track the aggregate trend direction and detects situations in which the market is oversold or overbought and ready to correct. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Profit for market swings with
Weis Wave with Alert MT5
Trade The Volume Waves Single Member P.C.
4.93 (15)
Rental/Lifetime Package Options and Privileges  * For optimum results the yearly or lifetime package is suggested due to live training ! Rent Monthly Six Months   Yearly/Lifetime Weis Wave with Speed with Alert+Speed Index x x x Manual  x x x Quick Set up Video x x x Blog x x x Lifetime Updates x x x Setup and Training Material x x Free Rectangle Break Alert Tool      x Discord Access Channel "The SI traders" x 2-hour live methodology training x How to trade with it:    http://
Ershov 38 parrots MT5
Aleksei Ershov
5 (1)
The indicator is designed to close positions on the market in time. For example: to take profits ahead of schedule if the price has not reached TakeProfit, and the market is turning around. The indicator analyzes the momentum, not the trend. He does not give any information about the trend. The indicator is well suited for finding divergence. The Ershov 38 Parrots indicator dynamically adjusts to the market and detects price movement impulses of medium and high amplitude. It almost does not rea
PZ Harmonacci Patterns MT5
PZ TRADING SLU
3.25 (4)
This is arguably the most complete harmonic price formation auto-recognition indicator you can find for the MetaTrader Platform. It detects 19 different patterns, takes fibonacci projections as seriously as you do, displays the Potential Reversal Zone (PRZ) and finds suitable stop-loss and take-profit levels. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] It detects 19 different harmonic price formations It plots primary, derived and complementary Fibonacci p
RAD Real Acummulation and Distribution
Jose Alejandro Jacome Jimenez
RAD CRITICAL LEVES RAD indicator tracks “Relevant Volume” in real time, identifying accumulation and distribution processes, projecting them in the chart as SUPPORT or RESISTANCE zones. Natural   support   and resistance levels are generated by Volume Accumulation and Distribution processes. As these processes evolve, levels at which the relevant volume in the market place is positioned, become difficult areas to cross upwards or downwards. By using this information, traders can identify very s
PZ Divergence Trading MT5
PZ TRADING SLU
3.75 (4)
Tricky to find and scarce in frequency, divergences are one of the most reliable trading scenarios. This indicator finds and scans for regular and hidden divergences automatically using your favourite oscillator. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Easy to trade Finds regular and hidden divergences Supports many well known oscillators Implements trading signals based on breakouts Displays suitable stop-loss and take-profit levels Configurable oscilla
"Piranha" - an autonomous trading system that determines overbought and oversold levels on the chart. Red and blue zones represent overbought and oversold levels respectively. Entry points are marked with arrows: a downward arrow in the red zone for "sell" and an upward arrow in the blue zone for "buy". The Take profit level is indicated by the green moving average. Key features: Adjusting the Take profit level as the green moving average changes position. Averaging ability when a new market e
Big Player Range
Thalles Nascimento De Carvalho
5 (2)
"BigPlayerRange" 지표에 오신 것을 환영합니다. 이것은 시장에서 금융 기관이 주목하는 중요한 영역을 식별하기 위해 개발된 기술 분석 도구입니다. 이 지표는 시장 주요 참여자들이 상당한 활동과 관심을 나타내는 가격 범위를 정확하게 분석합니다. 주요 기능: 1. 기관 관심 영역 매핑: "BigPlayerRange"는 금융 기관이 강한 활동을 나타내는 차트 영역을 정확하게 강조합니다. 이러한 지점은 전략적으로 중요하며 시장 움직임에 대한 통찰력을 제공합니다. 2. 출구 참조로서 예측: 관심 영역을 식별하는 것뿐만 아니라, 이 지표는 예측을 두 단계로 나눠 가능한 출구 참조로 사용합니다. 이러한 예측은 향후 가격 방향을 기반으로 전략을 계획하는 데 도움이 됩니다. 3. 식별된 범위로의 복귀 시 Pullback 확률: "BigPlayerRange"의 독특한 기능 중 하나는 가격이 관심 범위로 복귀할 때 Pullback 확률을 계산할 수 있는 능력입니다. 이는
Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu
AI Binary Sniper
Angelo Capoferri
바이너리 옵션에 대한 가능한 호출 및 입력 항목을 생성하는 인공 지능을 기반으로 하는 표시기입니다. 이 지표는 3가지 다른 전략으로 작동합니다. 1) 거래량을 읽어 가격이 반전되어야 할 때 신호를 보냅니다. 2) 가격과 거래량의 차이를 통해 추세가 지속되거나 반전되어야 할 때 신호를 보냅니다. 3) 가격과 거래량의 수렴을 통해 추세가 계속되어야 할 시점에 신호를 보냅니다. 이 지표는 모든 시간 범위에서 작동하지만 3분 또는 5분 마감일에 가장 좋은 결과를 얻습니다(제도적 공격이 낮은 시간 범위에서 나타나기 때문입니다). 가장 좋은 시간은 유동성이 더 큰 시간, 즉 7 GMT부터 18 GMT까지입니다. 지표는 70% 이상의 정확한 신호를 생성하지만 가격을 조작하거나 서로를 거부하는 기관 간의 싸움에 부딪혀 일련의 잘못된 신호가 생성될 수 있으므로 적절한 자금 관리를 사용하는 것이 좋습니다(예: Masaniello )
Harmonic ABCD Monitor MT5
Mihail Matkovskij
5 (2)
Multi-currency, multi-timeframe, harmonic pattern indicator AB = CD. Supports sending push notifications about signals to a mobile device, messages on e-mail, as well as messages using alerts on all available currency pairs and timeframes. This indicator was based on the indicator Harmonic ABCD Universal. Version for MetaTrader 5:  https://www.mql5.com/en/market/product/44972 . See also: Harmonic ABCD Universal for MetaTrader 4 . Using modern software development methods has made the indicator a
SMCpro
Arief
5 (1)
SMCpro MT5  Original Price  $440   ---  Currently Price  40% OFF  ( for unlimited use ) Hello World! Introducing.. SMCpro tool and Indicator for  MetaTrader 5 , a cutting-edge feature designed to revolutionize your trading experience. With innovative ICT Smart Money Concept, you gain unparalleled insight into market dynamics, empowering you to make informed trading decisions like never before. Built on the foundation of advanced algorithms and real-time data analysis, SMCpro tool and Indicat
Shepherd Gann Squares MT5
Abdullah Alrai
5 (11)
이 지표는 W.D. Gann이 작성한 "시장 예측을 위한 수학 공식" 기사를 기반으로 하는 시장 분석 방법으로 9의 제곱과 144의 제곱 방법에 따라 다릅니다. 사용자 매뉴얼: Add Your review And contact us to get it 다음에서 전체 MT4 버전을 구입할 수 있습니다. https://www.mql5.com/en/market/product/15316 MT4에서 무료로 테스트할 수 있습니다. https://www.mql5.com/en/market/product/15320?source=Site +Profile+Seller#!tab=reviews 이 제품은 레벨/스타/그리드/간 팬/으로 9의 정사각형을 그릴 수 있습니다. Gann Squares: 52/90/144도 그릴 것입니다. Chart 에 이동 가능한 Free Gann Star 를 직접 그립니다 . 그것은 또한 Gann 다이아몬드를 그릴 것입니다.
PZ Trend Trading MT5
PZ TRADING SLU
3.67 (3)
Trend Trading is an indicator designed to profit as much as possible from trends taking place in the market, by timing pullbacks and breakouts. It finds trading opportunities by analyzing what the price is doing during established trends. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Trade financial markets with confidence and efficiency Profit from established trends without getting whipsawed Recognize profitable pullbacks, breakouts and early reversals The ind
Elliot Waves Analyzer Pro
Viktor Weidenthal
3.25 (4)
Elliot Waves Analyzer Pro calculates Elliot Waves to Help Identify Trend direction and Entry Levels. Mainly for Swing Trading Strategies. Usually one would open a Position in trend direction for Wave 3 or a Correction for Wave C . This Indicator draws Target Levels for the current and next wave. Most important Rules for Elliot Wave Analysis are verified by the Indicator.  The Pro version analyzes Multiple Timeframes and shows the Subwaves and Target-Levels.   For an Overview  " Elliot Waves Anal
Elliott Wave Trend MT5
Young Ho Seo
4 (3)
Elliott Wave Trend was designed for the scientific wave counting. This tool focuses to get rid of the vagueness of the classic Elliott Wave Counting using the guideline from the template and pattern approach. In doing so, firstly Elliott Wave Trend offers the template for your wave counting. Secondly, it offers Wave Structural Score to assist to identify accurate wave formation. It offers both impulse wave Structural Score and corrective wave Structure Score. Structural Score is the rating to sh
PZ Day Trading MT5
PZ TRADING SLU
2.83 (6)
This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides value on every timeframe It displays suitable SL and TP levels It impl
Good day! I present to you a trading technical indicator for Deriv broker synthetic indices. This indicator ONLY works with the following indices: Boom 300 Index Boom 500 Index Boom 1000 Index Crash 300 Index Crash 500 Index Crash 1000 Index The indicator was created to give signals to open medium-term trades in the direction of Spikes. But you can open trades in the opposite direction to Spikes, at your own risk. Trade only on M1. Other TFs do not guarantee the correct operation of the indic
Tatino Super Signals is Non Repaint Indicator for Binary Option trading and Forex trading. Recommendations: Timeframe: All timeframes. For best results we recommend using it on M1, M5 and M15 timeframes. Currency pairs: All Pairs Account type: All Type Broker time: Any Brokers : Alls Binary Trading : Expired 1 Candle Buffer Buy=1, Sell=0, Entry Next Candle Recommended Forex trading stop loss : 15 pips Recommended  Forex tradingTake profit levels : 15 pips Specifications: Does not repaint  
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
PZ Mean Reversion MT5
PZ TRADING SLU
3 (2)
평균 회귀 거래에 대한 전문적이고 정량적인 접근 방식을 구현하는 고유한 지표입니다. 이는 가격이 예측 가능하고 측정 가능한 방식으로 평균으로 전환되고 반환된다는 사실을 이용하여 비정량적 거래 전략을 훨씬 능가하는 명확한 진입 및 퇴장 규칙을 허용합니다. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] 명확한 거래 신호 놀랍도록 쉬운 거래 사용자 정의 가능한 색상 및 크기 성능 통계 구현 대부분의 거래 전략을 능가합니다. 적절한 SL 및 TP 레벨을 표시합니다. 이메일/음향/시각 알림을 구현합니다. 작동 원리 이 지표는 더 높은 기간에서 완전히 사용자 정의 가능한 이동 평균 주변의 표준 편차를 측정하고 추세 추종 접근 방식을 사용하여 정확하게 거래를 찾습니다. 거래는 현재 차트의 가격 동작을 살펴보고 선택한 더 높은 기간에서 계산된 평균 가격대로 가격이 돌아오면 닫힙니다. 코딩 방식 때문
Girassol Sunflower MT5 Indicator
Saullo De Oliveira Pacheco
This is the famous Sunflower indicator for Metatrader5. This indicator marks possible tops and bottoms on price charts. The indicator identifies tops and bottoms in the asset's price history, keep in mind that the current sunflower of the last candle repaints, as it is not possible to identify a top until the market reverses and it is also not possible to identify a bottom without the market stop falling and start rising. If you are looking for a professional programmer for Metatrader5, please
ZigZag de Suavizador
Cesar Juan Flores Navarro
Teniendo una entrada de precios suavizados, los cuales son procesador por un ZigZag en tiempo real, dando como resultado un suavizador ajustado a un ZigZag. Con valores de entrada (periodo) mayores se vuelve un poco lenta en M1,, Ideal para H1, H4, D1 Trabaja bien con otros suavizadores, ya que su intersección es ideal Al iniciar empiza con mayor precisión desde el momento de activación, siendo el historial (anterior) de referencia ----------------------------------------------------------------
Recommended TimeFrame >= H1. 100% Non Repainted at any moment.  Use it carefully, only with Trend Direction. Trading Usage: 2 Variants: as Range System or as BreakOut System (Both Only With Trend Direction)::: (Always use StopLoss for minimise Risk); [1] as Range System: (Recommended) in UP TREND:  - BUY in Blue Line , then if price goes down by 50 points (on H1) open Second BUY.   Close in any Profit you wish: TrailingStop(45 points) or Close when Price touches upper Gold Line. in DOWN TR
필터:
zbairen985
440
zbairen985 2023.02.25 12:59 
 

This software product is great. But there is a question to ask the author:in my chart, only three lines are shown above and only three lines are shown below. How can we achieve the six lines above and six lines below? Please give me a solution! Thanks a lot!

Thapelo Kapwe
275
개발자의 답변 Thapelo Kapwe 2023.03.06 19:46
Thank you for your review . For you to have 6 lines you need to add the indicator twice in a chart. with the following setting for the lines steps 1) when you add it for the first time leave the default line steps as 5,7,10
2) when you add it for the second time go to the inputs and change the line steps to 6,8,9 3) you can be flexible and change the line steps to any number which is not listed on the defaults for your own experiments and best setup let me know if you have managed
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